Red Carpet Inn Franchise

Lodging

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The Red Carpet Inn brand has been a stable entity in the lodging industry since 1968. Locations include limited and full-service facilities in the economy to mid-level price ranges. Since their inception, Red Carpet Inn and Red Carpet Inn & Suites have provided a great value in the franchise arena for owners who seek to maximize the "bottom line" of their investments and the opportunity of managing their own facilities and room rates. They are easily able to meet the requirements dictated by their local markets while maintaining reasonable franchise standards and receiving the benefits of belonging to a franchise system. Services to our franchisees are designed to streamline and simplify the owner's efforts in maintaining and marketing their investments. As a franchisee of Hospitality International, Inc., you can expect no costly surprises and fair, consistent treatment and respect from your corporate franchise staff. You can also rely on personal and prompt common sense service.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Red Carpet Inn, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Red Carpet Inn website.

How much does it cost to open a Red Carpet Inn Franchise ?

The investment required to open a Red Carpet Inn Franchise is between $133,600 - $2,602,000 . There is an initial franchise fee of $6,000 -$16,000 which grants you the license to run a business under the Red Carpet Inn name.

Individual Franchise Costs

  • Initial Investment:
    $133,600 -
  • Initial Franchise Fee:
    $6,000 - $16,000
  • Royalty Fee:
    3%
  • Advertising Fee:
    2.50%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Marketing
Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider

Red Carpet Inn Growth History

When did the first Red Carpet Inn open? 1982
When did Red Carpet Inn start Franchising ? 1982


How much does a Red Carpet Inn Franchise owner make?

How much money you could make as a Red Carpet Inn Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Red Carpet Inn Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$6,000 - $2,602,000
Initial Franchise Fee
$6,000 - $16,000
Royalty Fee
3%
Advertising Fee
2.50%

Sister Companies

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Legal Disclaimer: This information is not a franchise offering for Red Carpet Inn and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Red Carpet Inn franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.